Rotary International
- Assets
- $31.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hendersonville, NC
- Founding
- 09/1942
- EIN
- 56-6045368
Organization Overview
Rotary International is located in Hendersonville, NC. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending undefined, Rotary International generated $47.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $48.2k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE MAIN PROGRAM SERVICE ACCOMPISHMENT IS THE RUNNING OF THE DAY-TO-DAY ACTIVITIES OF THE ROTARY CLUB OF HENDERSONVILLE, NC. THIS INCLUDES THE ASSESSMENT OF MEMBERSHIP DUES AND THE COLLECTION THEREOF, THE PAYMENT OF THE BILLS AND MAINTAINING A SET OF ACCOUNTING RECORDS. IT ALSO INCLUDES COMPLIANCE WITH THE REPORTING REQUIREMENTS OF ROTARY INTERNATIONAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Logan President | 3 | $0 | |
Laura Phipps President El | 2 | $0 | |
Karolyn Killian Secretary | 2 | $0 | |
Robert Soderstrom Treasurer | 2 | $0 | |
Marybeth Burns Immed Past P | 2 | $0 | |
Jill Wallen Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,659 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,805 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,464 |
| Statement of Expenses | |
|---|---|
| Total expenses | $48,212 |
| Balance Sheet | |
|---|---|
| Total assets | $31,220 |
| Total liabilities | $9,147 |
| Net assets or fund balances | $22,073 |